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Microsoft gives up OpenAI board observer seat role
Microsoft relinquishes its OpenAI board observer seat, citing confidence in the company's direction and progress.
In a letter, the tech giant expressed that over the past eight months, there has been “significant progress” and it now has “confidence in the company’s direction,” stating the observer seat “no longer necessary.” This move comes after Microsoft assumed a non-voting, observer position on the board in November of the previous year when OpenAI CEO Sam Altman reassumed control of the company, which is known for operating the AI chatbot ChatGPT. According to an OpenAI spokesperson, under the guidance of the newly appointed chief financial officer Sarah Friar, the company will conduct regular meetings with its key partners instead.
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